A major stake in UK superyacht and commercial repair and new-build company Burgess Marine has been acquired by London-headquartered private equity investor RJD Partners. RJD has committed £11m to fund the deal, as well as provide further resources for expansion through organic growth or acquisition.
Dubai Maritime City Authority (DMCA) has recently discussed joint efforts between UAE and Germany to encourage German companies explore investment opportunities across maritime sector in Dubai.
A large, long-term, multimillion-dollar investment plan has been unveiled for Port Denarau Marina, the leading yachting hub in the lovely South Pacific yacht holiday location – Fiji. The plan is currently waiting for the final approval, with the project anticipated to take 10 years or more to complete.
In order to ensure a more intense collaboration as well as harmonization of its global network, the prestigious Finnish luxury yacht builder Nautor’s Swan has announced that they have extended their global network.
This year’s Hainan Rendez-Vous will start on November 27, boasting improved supporting facilities. The exhibition area will expand 30% from 4589 square meters as in 2014 to 6000 square meters, and the number of exhibitors will also increase 33%, from 90 to 120.
Bloemsma Aluminiumbouw has recently acquired Jachtwerf Bloemsma Makkum, part of Bloemsma Van Breemen Shipyard, and they have merged into new yard “BLOEMSMA.” This will focus on aluminium hulls and superstructure parts for motoryachts.
Atlantic Refit Center is now the only shipyard on the west coast of France able to welcome superyachts up to 140m in length, thanks to the recently signed six year contract with the Port Authorities. Also, in order to strengthen its commercial team, Atlantic Refit Center have recently welcomed Patricia Pontis as Head of Commercial Sales.
Gulf Craft has recently welcomed a delegation of high-profile businessmen to its shipyard in Umm Al Quwain. They were impressed by achievements of the leading superyacht builder.
This year’s Dubai International Boat Show will play a host to an amazing number of international exhibitors. German Boat and Shipbuilders Association will revisit the show, alongside debut countries Luxembourg, Indonesia and Spain; Australia, China, Italy, US, UK, France and Turkey will return to tap into increasing spend on luxury goods in the region, with 150 new exhibitors anticipated to attend.
The On-Water Yacht Bonded Area Registration Certificate has been issued to Nansha Marina, a lovely China yacht charter destination, by Guangzhou Customs. This is expected to attract more yachts of big sizes to come to Nansha.
The prominent Italian luxury yacht builder, Benetti, part of the Azimut Benetti Group, has proudly announced that Luigi Adamo has become a General Manager of Benetti Asia, as part of the company’s strategy to further reinforce the Group’s presence in the Asian market.
CRN, part of the Ferretti Group, presented its new industrial plan for 2015-2019 yesterday morning, on January 20, 2015. This is aimed at the re-launch of the shipyard, conveying the key elements of the plan and the effects of the company’s reorganization strategy, related to the workloads and the initiatives in support of the plan itself.